http://www.c21gd.com Tue, 10 Aug 2010 18:02:16 +0000 http://backend.userland.com/rss092 en Paul Sieving - www.PaulSieving.com April 6, 2010 – The challenges we are facing today in the mortgage market, a liquidity crisis and the hangover from rampant price increases driven by easy credit, are going to take some time to unwind. There is a consensus that two major behaviors are largely responsible: ... http://www.c21gd.com/nevada-county-real-estate-market-snapshot-mortgage-market/ Paul Sieving - www.PaulSieving.com March 2, 2009 – Today California residential real property taxation is primarily regulated by Proposition 13 and Proposition 8.    Proposition 13 – Limits the property tax rate to 1 percent plus voter-approved bonded indebtedness, and defines taxable value as the lower of the property's Factored Base Year ... http://www.c21gd.com/nevada-county-real-estate-market-snapshot-ca-property-taxes-proposition-8/ Paul Sieving - www.PaulSieving.com February 8, 2010 – Propositions 60 and 90 are constitutional amendments passed by California voters that provide property tax relief for persons aged 55 and over. As specified by section 69.5 of the Revenue and Taxation Code, Props 60/90 allow, under certain conditions, the transfer of ... http://www.c21gd.com/nevada-county-real-estate-market-snapshot-ca-property-taxes-proposition-60/ Paul Sieving - www.PaulSieving.com January 10, 2010 – For the first time since the enactment of Proposition 13 in 1978, assessed values of (and taxes levied on) real property may see a year over year decline for the January 1, 2010 assessment date.    Proposition 13 defines taxable value as the lower ... http://www.c21gd.com/nevada-county-real-estate-market-snapshot-ca-property-taxes-double-dip/ Paul Sieving - www.PaulSieving.com December 24, 2009 – Today California residential real property taxation is primarily regulated by Proposition 13 and Proposition 8. After an assessors scandal in 1966, AB80, a reform bill enacted by the legislature, kept assessments at a uniform percentage of market value. During the real estate boom of ... http://www.c21gd.com/nevada-county-real-estate-market-snapshot-ca-property-taxes/ Paul Sieving - www.PaulSieving.com  November 16, 2009 - The Worker, Homeownership and Business Assistance Act of 2009 (HR3548) was signed into law in November by President Obama. The bill deals with housing and unemployment aspects of the current economic crisis, including the Homebuyer Tax Credit. In addition to extending the first-time homebuyer ... http://www.c21gd.com/nevada-county-real-estate-market-snapshot-%e2%80%93-federal-homebuyers%e2%80%99-tax-credit/  Paul Sieving - Paul@PaulSieving.com October 30, 2009 – As the peak selling season for the year winds down and we head into the holidays, there are some interesting numbers in the rearview mirror. Three important trends stand out as encouraging indicators that our local market is stabilizing, or at least experiencing ... http://www.c21gd.com/nevada-county-real-estate-market-metrics-q1-q3-2009/ Paul Sieving - www.PaulSieving.com October 5, 2009 – This week we look at the year-to-date activity figures for Morgan Ranch. The idea is to see how Morgan Ranch has fared relative to the overall Nevada County market. Morgan Ranch was established as a premier subdivision in 1989, and has matured as one ... http://www.c21gd.com/nevada-county-real-estate-market-snapshot-morgan-ranch/ Paul Sieving - www.PaulSieving.com September 14, 2009 – Early in the month, there were 858 active single family listings in our western Nevada County real estate market.  This number has been fairly steady for the last 6 months.    This number includes all 3 of the segments we have been discussing: Orderly non-distressed ... http://www.c21gd.com/market-snapshot-%e2%80%93-summer-trends/ Paul Sieving - www.PaulSieving.com August 17, 2009 – The listing count for Single Family homes in Western Nevada County has been relatively steady at 800-850 over the first 6 months of 2009, with a slight upward trend, and is currently at 854. Even with the fairly steady inventory, sales volume is up ... http://www.c21gd.com/market-snapshot-%e2%80%93-absorption-rates/